689,178 Ford Motor Company $F Shares Bought by Artemis Investment Management LLP

Artemis Investment Management LLP grew its stake in shares of Ford Motor Company (NYSE:F) by 57.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,890,222 shares of the auto manufacturer’s stock after purchasing an additional 689,178 shares during the period. Artemis Investment Management LLP’s holdings in Ford Motor were worth $22,796,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Maripau Wealth Management LLC boosted its position in shares of Ford Motor by 1.6% in the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after purchasing an additional 749 shares during the period. Wayfinding Financial LLC boosted its stake in shares of Ford Motor by 5.8% during the 2nd quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer’s stock valued at $189,000 after buying an additional 754 shares during the period. Southern Financial Group LLC raised its stake in shares of Ford Motor by 2.3% during the 1st quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock worth $401,000 after purchasing an additional 776 shares in the last quarter. Bernicke Wealth Management Ltd. lifted its stake in Ford Motor by 2.0% in the second quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer’s stock valued at $553,000 after acquiring an additional 792 shares during the last quarter. Finally, Bank & Trust Co raised its holdings in Ford Motor by 2.6% during the second quarter. Bank & Trust Co now owns 31,665 shares of the auto manufacturer’s stock valued at $440,000 after buying an additional 794 shares in the last quarter. 58.74% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on F shares. Piper Sandler upped their price objective on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price target on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Wells Fargo & Company increased their target price on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Dbs Bank raised shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a report on Tuesday, August 11th. Finally, TD Cowen lifted their price target on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Wednesday, July 29th. Seven investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $15.43.

Ford Motor Trading Down 0.1%

NYSE:F traded down $0.01 on Thursday, reaching $12.11. The company’s stock had a trading volume of 12,411,653 shares, compared to its average volume of 56,851,859. The business’s 50-day moving average price is $13.63 and its two-hundred day moving average price is $13.54. Ford Motor Company has a 1-year low of $11.11 and a 1-year high of $17.78. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09. The firm has a market cap of $48.29 billion, a PE ratio of -6.48, a PEG ratio of 0.25 and a beta of 1.93.

Ford Motor (NYSE:F) last released its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.37 earnings per share. Equities research analysts anticipate that Ford Motor Company will post 1.86 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.0%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s payout ratio is presently -32.09%.

Ford Motor Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.